Biggest german companies

Trista Kelley, provided by Published 7:59 am PDT, Thursday, March 21, 2019 Fahmi Quadir. Short seller Fahmi Quadir has criticized a regulator for banning shorts of payment processing firm Wirecard, and says she is short the stock. Quadir splashed on the scene with bearish bets on Valeant in 2015, taking on Bill Ackman who lost billions. Germany's ban came after news reports of financial misconduct at Wirecard, which the company denies. A star short seller who is one of the youngest female hedge fund managers on Wall Street just penned an explosive critique of German regulators' "bizarre, backwards" ban on short selling and what she says is a blow to free and fair markets. In an open letter to the financial regulator, Fahmi Quadir, founder of Safkhet Capital Management in New York, made her case in a 15-page, footnoted document. In it, she extolled short selling as a necessary tool for price discovery and rooting out fraud. Quadir, 28, splashed on the scene with bearish … [Read more...] about A 28-year-old hedge fund star who took on Bill Ackman slammed a ‘bizarre’ ban on short selling a $14 billion German company

Mar 10, 8:15 PM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Arthur Villasanta 03/10/19 AT 8:15 PM The long-bruited about merger between Deutsche Bank AG and Commerzbank AG, Germany’s largest and second largest banks, has finally gotten rolling with the presidents of both troubled banks receiving separate mandates for merger talks from their board of directors.Deutsche Bank CEO Christian Sewing and Commerzbank CEO Martin Zielke last week resumed talks about the merger, according to multiple media reports. Both banks refused to comment on the talks, however.Speculation about the merger began getting louder late last year and intensified in February when German Finance Minister Olaf Scholz said he talked to both banks about their future. At this time, Scholz called reports of a merger of Deutsche Bank and Commerzbank “speculation.” Scholz is known to be in favor of strong banks.“The truth … [Read more...] about Deutsche Bank, Commerzbank Merger Will Create German Mega-Bank

Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Evan Horowitz Globe Staff October 21, 2018 America’s trade deficit continues to grow, even as President Trump escalates a trade war with China and advances his “America first” vision of global trade.This doesn’t necessarily count as proof Trump’s methods are ineffective. Tariffs can work, and brinkmanship helped seal a new NAFTA deal.But there’s a powerful figure standing between Trump and the lower trade deficit he has promised: a national leader who has successfully implemented policies all but certain to make America’s trade deficit worse. Advertisement Yes, that would be Donald Trump. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays. Thank you for signing up! Sign up for more newsletters here In other words, it’s Trump the tax … [Read more...] about The biggest barrier to President Trump’s plan for cutting the trade deficit? It’s Trump

Matthew DeBord, provided by Published 5:57 am PDT, Saturday, October 20, 2018 Harold Cunningham/Getty; Bill Pugliano/Getty; Steve Fecht/Getty; Shayanne Gal/Business Insider A decade after the financial crisis, General Motors is led by the best management team it's ever had and one of the best C-suites in all of business. CEO Mary Barra, president Dan Ammann, and executive vice-president Mark Reuss have overseen the birth of a New GM that's moving aggressively to define the future of transportation. The turnaround has been impressive, as GM has racked up billions of profits and is preparing to launch 20 new electrified vehicles by 2023. Before its 2009 bankruptcy, GM was known for internal conflict, but the company is now a model of cooperation. General Motors' president, Dan Ammann, is a bundle of reconciled contradictions. When he laughs, it's like Santa Claus has come to town. When he thinks, the pauses are intense. When he makes a joke or offers a wry observation, … [Read more...] about How GM went from bankrupt and on the brink of death to being one of the world’s best-run car companies (GM)

source Harold Cunningham/Getty; Bill Pugliano/Getty; Steve Fecht/Getty; Shayanne Gal/Business Insider A decade after the financial crisis, General Motors is led by the best management team it’s ever had and one of the best C-suites in all of business. CEO Mary Barra, president Dan Ammann, and executive vice-president Mark Reuss have overseen the birth of a New GM that’s moving aggressively to define the future of transportation. The turnaround has been impressive, as GM has racked up billions of profits and is preparing to launch 20 new electrified vehicles by 2023. Before its 2009 bankruptcy, GM was known for internal conflict, but the company is now a model of cooperation. General Motors’ president, Dan Ammann, is a bundle of reconciled contradictions. When he laughs, it’s like Santa Claus has come to town. When he thinks, the pauses are intense. When he makes a joke or offers a wry observation, his … [Read more...] about How GM went from bankrupt and on the brink of death to being one of the world’s best-run car companies